Canopy Growth Corp shares were surging Monday after the company received a license from the state of New York to process and produce hemp.
The Canadian company plans to establish a hemp industrial park in New York with large-scale production capabilities focused on hemp extraction and product manufacturing.
Depending on site approval, Canopy Growth said it plans to invest between $100 million and $150 million in its New York operations and create roughly 400 new jobs…. CLICK for complete article